Five-Story 20-Unit Apartment
For Sale
$7,395,000
319 E 90TH Street 1, New York City, NY 10128
Individual laundry and select private outdoor areas distinguish this multifamily property.
Property Size8,950 SF
Price / SF$826.26
Days on Market132
Property Features for 319 E 90TH Street 1
General Information
Standard status
Active
Size
8,950 SF
Property subtype
Duplex
Additional Details
Multifamily Units
20
Amenities
washer/dryer in unit
private outdoor space
Building Details
Building Size
8,950 SF
Year Built
1915
Buildings
1
Stories
5
Listing Agency:
Serhant
(917) 524-9680
Listed By:
David Rosen
(917) 524-9680
Source:
Nobleblackandpartners
Added: Mar 27
Changed: Aug 4
Last Checked: Aug 4 at 4:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Serhant
Investment Insights
Based on property information with market context.
This 8950 SF apartment building rises five stories within a 25' wide structure and contains 20 units. Every apartment includes its own washer and dryer. Four residences add private exterior space: two feature roof decks, while two duplex units include backyards. Interior details include barn doors and finished improvements throughout the building.
The property is located at 319 E 90TH Street 1 in New York City, NY 10128. Its unit mix includes 18 free market apartments and two rent stabilized apartments. Constructed in 1915, the building offers an established multifamily configuration with a combination of standard apartments, duplex layouts, and select outdoor areas.
The property is located at 319 E 90TH Street 1 in New York City, NY 10128. Its unit mix includes 18 free market apartments and two rent stabilized apartments. Constructed in 1915, the building offers an established multifamily configuration with a combination of standard apartments, duplex layouts, and select outdoor areas.
Key Highlights
- 20‑unit, five‑story apartment building
- 8950 SF building on a 25' wide structure
- Washer and dryer provided in every unit
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $535.9k | $59.88 |
| − Vacancy | −$27.9k | −$3.11 |
| EGI | $508.1k | $56.77 |
| − OpEx | −$228.6k | −$25.54 |
| NOI | $279.4k | $31.22 |
8,950 SF · lease $59.88/SF/yr · vacancy 5.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$3.99M
$3.49M – $4.66M
NOI $279,432 @ 7.0% cap · market cap 3.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.36M
$5.57M – $7.42M
NOI $445,445 @ 7.0% cap · market cap 6.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
20
Residential units
Location Intelligence
Trade Area within ½ mile
4,153
Businesses Nearby
Explore this area
Business Placement
Demographics for 10128, NY
64,249
Population
35,940
Households
1.8
Avg Household Size
38
Median Age
77%
College-Educated
96%
High-School Grad
0.5 sq mi
ZIP Area
128,498
Density / Sq Mi
$148,705
Median Household Income
$103,078
Median Earnings
$2,648
Median Rent
$1,295,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Individual laundry and select private outdoor areas distinguish this multifamily property.
Where is this apartment building located?
The property is located at 319 E 90TH Street 1 New York City, NY.
What is the asking price?
The asking price for this property is $7,395,000.
What are key features of this property?
This property features: 20‑unit, five‑story apartment building; 8950 SF building on a 25' wide structure; Washer and dryer provided in every unit
